What Is a GP (General Partner) in Venture Capital? How VCs Actually Run a Fund
GPs manage VC funds, make investment decisions, and sit on boards. Here's how they get paid, how they're evaluated, and what LPs really expect from them.
Limited partners shape the venture capital industry through allocation decisions, fund sizing, and manager selection. Our LP relations coverage explores fund economics, emerging manager dynamics, and the institutional trends driving VC fundraising.
Read LP relations and fund economics articles below.
GPs manage VC funds, make investment decisions, and sit on boards. Here's how they get paid, how they're evaluated, and what LPs really expect from them.
Understanding IRR, MOIC, DPI, and TVPI is essential for anyone working with VC funds. Here's what each actually measures and why DPI dominates LP conversations in 2026.
EUVC Summit & Awards on April 22 in London is one of the few EU events where LP allocations and GP relationships genuinely progress.
The 0100 Europe gathering on April 21–23 remains one of Europe's most pragmatic venues for GP-LP relationships and private markets deal talk.